Property
South Africa

2

Beds

1

Baths

6

Parking

331 m²

Floor area

Commercial 2 beds 1 bath 331 m²

About this property

Looking for a smart investment in a high demand area? This well-positioned property in the heart of PMB offers excellent income generating potential. Currently operating as a convenience retail business, the property is located in a busy, high traffic area, making it ideal for investors or entrepreneurs looking to maximize returns. The property features 2 rooms and a kitchen, prime central location with high visibility and strong foot traffic. Fully fenced property currently utilized for retail/business purposes with excellent income generating potential. Sheltered area at the back, indoor toilet and bathroom.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Garage × 6

Features & amenities

Fully fencedRetail businessHigh traffic locationIncome generatingSheltered areaPrime central location

Price & ownership

Asking price R 1 200 000
Price per m² R 3 625
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 1,2M
Taxes + legal + admin fees R 26,4K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 200 000
  • Deeds Office (transfer) R 1 043
  • Conveyancing (est., incl. VAT) R 25 300
  • Deeds lodgement R 52
  • Total indicative R 1 226 395

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 11 332 /month

Total paid over 20 years (deposit + repayments): R 2 839 672

Deposit 10% · R 120 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 200 000